After falling 10% last year, this passive income stock yields 9.9%, and I love it

Stocks and Investing Stocks and Investing

Fri, January 3, 2025

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After falling 10% last year, this passive income stock yields 9.9%, and I love it

^{Published on 2025-01-03 07:01:14 - MSN}

The FTSE 100 is an absolute treasure trove for passive income seekers right now. It's packed with top dividend stocks,
The post After falling 10% last year, this passive income stock yields 9.9%, and I love it appeared first on The Motley Fool UK.

The article discusses the investment potential of a passive income stock, specifically focusing on a company that has seen its share price drop by 10% over the last year, resulting in a high dividend yield of 9.9%. The author expresses enthusiasm for this stock due to its attractive yield, which is significantly above the market average, suggesting it could be a lucrative opportunity for income-focused investors. Despite the price drop, the article highlights the company's strong fundamentals, including a robust business model and consistent dividend payments, which make it an appealing choice for those looking to generate passive income. The piece also touches on the broader context of market conditions, suggesting that while the stock's price has fallen, the underlying value and income potential remain compelling.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/money/other/after-falling-10-last-year-this-passive-income-stock-yields-9-9-and-i-love-it/ar-AA1wU3lY ]

N@N

After falling 10% last year, this passive income stock yields 9.9%, and I love it